KB Home (KBH) Tops Q4 EPS by 15c, Revenue Misses, Offers Guidance

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KB Home Reports 2021 Fourth Quarter and Full Year Results

January 12, 2022 4:10 PM EST

Fourth Quarter Total Revenues of $1.68 Billion; Diluted Earnings Per Share Up 71% to $1.91
Operating Income Margin Improved 310 Basis Points to 12.8%; Gross Margin Increased to 22.3%
Net Order Value Up 12% to $1.77 Billion; Ending Backlog Value Grew 67% to $4.95 Billion
Full-Year Return on Equity Increased 810 Basis Points to 19.9%

LOS ANGELES--(BUSINESS WIRE)-- KB Home (NYSE: KBH) today reported results for its fourth quarter and year ended November 30, 2021.

We delivered outstanding growth in revenues and margins in our 2021 fourth quarter, leading to a more than 70% year-over-year increase in earnings per... More